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Delaware Investments MN Muni Fund II, (Delaware Investments MN Muni Fund II,) 5-Year Yield-on-Cost % : 4.92 (As of May. 11, 2024)


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What is Delaware Investments MN Muni Fund II, 5-Year Yield-on-Cost %?

Delaware Investments MN Muni Fund II,'s yield on cost for the quarter that ended in Sep. 2021 was 4.92.


The historical rank and industry rank for Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost % or its related term are showing as below:

VMM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.92
Current: 4.92


During the past 11 years, Delaware Investments MN Muni Fund II,'s highest Yield on Cost was 4.92. The lowest was 0.00. And the median was 0.00.


VMM's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.935 vs VMM: 4.92

Competitive Comparison of Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost %

For the Asset Management subindustry, Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Delaware Investments MN Muni Fund II,'s 5-Year Yield-on-Cost % falls into.



Delaware Investments MN Muni Fund II, 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Delaware Investments MN Muni Fund II, is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Delaware Investments MN Muni Fund II,  (AMEX:VMM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Delaware Investments MN Muni Fund II, 5-Year Yield-on-Cost % Related Terms

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Delaware Investments MN Muni Fund II, (Delaware Investments MN Muni Fund II,) Business Description

Traded in Other Exchanges
N/A
Address
610 Market Street, Philadelphia, PA, USA, 19106
Delaware Investments MN Muni Inc Fund II, Inc is a closed-end investment fund. The fund seeks to provide current income exempt from both regular federal income tax and Minnesota state personal income tax, consistent with the preservation of capital.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Harry Jeffrey Dobbs director 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Joseph Jr Harroz director 2511 MCGEE DRIVE, NORMAN OK 73072-6704
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Roden Jake Van officer: SVP/Portfolio Manager 2005 MARKET STREET, PHILADELPHIA PA 19103
Jerome Abernathy director 2005 MARKET STREET, PHILADELPHIA PA 19103
Christianna Wood director 330 OLD Y ROAD, GOLDEN CO 80401
Shawn Lytle officer: President/CEO C/O DELAWARE INVESTMENTS, 2005 MARKET STREET, PHILADELPHIA PA 19103
Ann Dully Borowiec director, officer: Board Member C/O DELAWARE INVESTMENTS, 2005 MARKET STREET, PHILADELPHIA PA 19103
Thomas K Whitford director 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222